Texas ROFR or transmission law before Supreme Court

  Texas faces a legal challenge to its law that bans such companies as NextEra Energy, LS Power and Grid United from building transmission in the state because they are considered to be “non-incumbent” companies. In other word, the state’s ROFR law is at stake. It could be watched closely by Oklahoma legislators who this …

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PSO honored for hiring of military veterans

  Public Service Company of Oklahoma (PSO) was one of 27 companies recognized Wednesday for hiring and supporting U.S. military veterans. The recognition came during a ceremony held at Lemley Campus of Tulsa Tech Center. For the fifth consecutive year, the Oklahoma Veteran Alliance (OVA) recognized PSO as a Veteran Employer Champion. The OVA is …

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Slight gains in crude oil stocks across U.S. and at Cushing Hub

  Both the U.S. and the Cushing Hub saw slight gains in the amount of crude oil in storage in the past week, an improvement from recent declines that resulted in changes in the market. The U.S. recorded a gain of 1.4 million barrels of oil from the 419.7 million barrels reported as of October …

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New House Speaker is friendly with oil and gas industry

  If there is one thing that newly-elected House Speaker Mike Johnson brings with him in his new leadership capacity, it is that he is a longtime ally of the oil and gas industry. Plus, he has the support of Oklahoma’s delegation in the House. Afterall, he comes from Louisiana, home to the Haynesville play …

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New Mexico wastes no time in moving forward with hydrogen research

  New Mexico took another step forward this week in development of more hydrogen research after the state failed, like Oklahoma, to land one of the regional hydrogen hubs eligible for billions of dollars from the federal government. An Australia-based company, Star Scientific Limited announced it will build a campus in New Mexico to carry …

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Energy short stories

** High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker. ** Republican Wyoming Gov. Mark Gordon is facing criticism for his recent comments pledging to reduce his state’s carbon emissions …

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List grows of firms interested in acquisition of CrownRock operations in Permian Basin

  Devon Energy and Continental Resources might have more competition in their reported consideration of bidding for CrownRock LP, a Texas-based energy producer in the Permian Basin. ConocoPhillips is reported to be considering an expansion of its holdings in the Permian Basin and adding to its operations in Oklahoma and across the U.S. The company …

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Wednesday brought increased crude oil prices and lower OK energy stock values

  Crude oil prices recorded gains in Wednesday’s trading but Oklahoma energy stocks had a rocky day. Benchmark U.S. crude oil for December delivery gained $1.65 to finish at $85.39 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude for December delivery went up $2.06 and closed at $90.13 a barrel on …

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Big arctic blast headed toward Oklahoma

  Halloween trick or treaters in Oklahoma might take a cue from Ralphie of A Christmas Story fame….bundle up! That’s the cue from Oklahoma Climatologist Gary McManus who says it will be a cold night for the little goblins. “I joked about it for months, but frozen Halloween anyone? At least it warms up to the …

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Yelloh, formerly Schwans is closing Oklahoma operations

  Remember Schwan’s, the frozen foods home delivery company? After changing its name to Yelloh, the company revealed this week the closure of operations in Oklahoma City, Lawton, Wagner and Tulsa. Known as Cygnus Home Service, LLC, the company informed the Oklahoma Office of Workforce Development is “closing facilities and ceasing operations in the state …

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